Memorandum

Marangelys Santiago Axia College ECO 212 Nikki Nichols November 4, 2010 Memorandum ToNikki Nichols CC:University of Phoenix FromMarangelys Santiago Date:November 4, 2010. Re:Measuring Economic health Memo Gross Domestic Product (GDP) is an evaluation of a state of matters general financial harvest-timeion. Gross domesticated product is the authorized way to calculate the entire production of goods and function in the United States economy. It represents the capstone and grand summary of the worlds greatest method of financial data. The Department of Treasury manages, constructs, and implements the pecuniary constitution. The Office of Management and Bud define develops and analyzes the fiscal policy. The Office of the professorship of the United States makes the decisions regarding the fiscal policy. The Government Accountability Office audits the fiscal policy. One of fiscal policy component is taxation. An increase in taxes results in reduced net income. Organizations look into profitability factors and rank of labor force in comparison to return on investment for use of technology or outsourcing tasks otherwise performed internally or domestically.

Equally, individuals may see a boost in tax as a form of penalty, which can fly the coop to promotion of more black market labor (cash labor). Of course, a decrease in taxes may lead to further domestic hiring and lesser black market labor. Equally, it is important to note that changes in taxation policies, as a part of the fiscal fiscal policy, can have major effects on the arrive of craft market, and overall effectiveness and productivity. The fiscal monetary policy of the government plays a crucial role on employment fact Interest rate is another component of the fiscal policy. Adjusting the lodge in rate can have adverse or halcyon impact on production. To clarify, adverse in monetary policy is not negative connotation, and favorable is not a positive suggestion. In the monetary policy when market is... If you want to get a full essay, order it on our website: Orderessay

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